They're awfully quiet right now aren't they?

the howie test doesn't care about heart's faulty logic. he's going to be shkreli's new best friend

it works until it doesnt
very obvious single point of failure

How is his logic faulty?

eventually this thing will run out of "new" suckers buying into this shit.

don't pretend that won't happen.

it it walks like a ponzi, talks like a ponzi, quacks like a ponzi, smells like a ponzi... it most certainly is a ponzi.

Attached: 1506336243756.jpg (700x620, 60.93K)

I have timestamps

youtube.com/watch?v=vX1BjDHhuVk&feature=youtu.be&t=4092

1:39:26-2:00:00
(regarding his views on clientele, and his past)

1:08:24-1:09:04
(Passion for BTC)
youtube.com/watch?v=C3BBeTy5jsg

39:11
(the typical rhetoric, watch from beginning too)

So much more content. DYOR.

Attached: ows_141590608480665.jpg (1431x917, 293.9K)

consumer.findlaw.com/securities-law/what-is-the-howey-test.html
an ignorance of the law doesn't protect you from the law. The Howey test is basically, "if it looks like a duck, quacks like a duck, it's a duck"
There's nothing in the Howey test that says "its only a security of you use the word guarantee". I don't know where you got that from but you're an idiot if you actually believe that.

How is it faulty? That's what I thought.

>a securities law is as arbitrary as "If it walks like a duck.."
I'm not even going to respond to that, it's just nonsense.

From Investepedia:

Howey Test Explained
Put simply, the Howey Test asks whether the value of a transaction for one of its participants is dependent upon the other's work. Specifically, the Howey Test determines that a transaction represents an investment contract if "a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party,"

Heart literally beats your head in on this point. Do better.

not only is it a security, but it fits the definition of a Ponzi scheme which is illegal in the US.

Howie test:
> It is an investment of money
yes
> There is an expectation of profits from the investment
yes
> The investment of money is in a common enterprise
yes
>Any profit comes from the efforts of a promoter or third party
yes

if Hex isn't promoted by shills like you, no profits come.

HEX haters think price will tank after BPD, they are in for big surprise.

You totally missed the thesis of HEX. You really need to watch more of the videos. Why aren't the other crypto's securities? HEX offers you no guarantee's, and the founder offers nothing in return, explicitly. I would start here:

youtube.com/watch?v=QJoq5Xvkwfs&t=689s

the thesis of HEX is to make richard rich. that's why everyone else is locked in at 90% of their tokens, he gets 100% of the ETH proceeds from purchases, and there's a penalty for redeeming BTC after day 1. He not only gets all the ETH, but also knows which day launch is so he doesn't get the penalty but everyone else does.

> HEX offers you no guarantee's
excuse me? from his own website:
"Hex is designed to go higher, faster, and retain its value."

a court isn't going to care if you play bullshit word games, you're still getting a massive fine and jail time for running a ponzi.
EOS actually built a working product, they were only fined $24 million for not registering as a securities dealer.
They weren't charged for fraud because their shit worked.
Heart is offering continual profits, but that requires ponzi scheme type of continual investment money to pay off the inflation of initial investors.

seriously i wonder if you're indian or chinese how can you possibly be this stupid?

THIS..

dellusional bag holders will come up with ad-horc rescue responses in lieu of their poor understanding of what blockchain is all about. which is solving real world problems..

hex does none of that.

You will both buy in at 3 cents
LMAO

Attached: 2A00078C-87CD-4040-8E1D-620BF8FF31F7.jpg (395x318, 17.18K)

First off, ad hominem is the best way to make your argument appear weak. It's not an argument.

Secondly, these were all the arguments I would have made - before doing research on the actual project.

>Making Richard rich isn't a valid argument and has nothing to do with anything relating to securities fraud. The people that turn their ETH into HEX don't have a gun to their head.
>Richard won already. The project is done.
>You don't have to lock any of your tokens.
>You get free tokens if you have BTC, those are the only ones that are forced to stake. Not a bad deal, considering they are free.
>It's "designed", that's much different than, "offers 1%/day interest" etc. IT IS DESIGNED TO DO IT. This is a very important distinction that you seem to think is arbitrary.
>Ponzi
Semantics is probably the most underrated branch of logic.

All of this would start to click if you took time to do the research. It's ironic, because it's literally designed to fight everything that you think it is.

This is it. This is the fundamental crux of this entire HEX debacle. People that still think crypto has a practical use, dreaming that you'll be using your crpto wallet to pay your groceries. The mass adoption that never happened. And the people that did use it - are dropping.

HEX is the bucket of cold water, the wake up call to what crypto really is, not what it was supposed to be. It's a fucking investment. And HEX does everything it can to protect that investment from doing the typical crypto 90% drop.

no i will buy even if this shit pumps another 300%..

i like to make money, but i have an invesment criteria to not invest in obvious ponzis.

youtube.com/watch?time_continue=360&v=nLzEcUPkHUQ&feature=emb_title

fast foward to 6:40

not buy

this faggot can't even say who owns the origin address.

MASSIVE RED FLAG

no one was forced to buy bitconnect at gunpoint either. the founder is in prison right now
there's no other way to describe you except phenomenally retarded. It's not an insult, just a statement of fact.
>everything that you think it is.
just more fomo mumbo jumbo. lots of words without saying anything. i hope richard isn't paying you in HEX. that would be fucking funny

>THIS..
That faggot is just making up number I didn't even read what he wrote.

you're an idiot. you don't work at a bank and that DLT is making seismic moves to be actually used as something. probablem is you're an idiot. that doesn't see this and would rather have cognitive dissonance to the fact. and would rather invest in get rich scam shit coins.

good luck